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61. The decision to make or buy a good or service is: 1. O A decision of strateg

ID: 367574 • Letter: 6

Question

61. The decision to make or buy a good or service is: 1. O A decision of strategic importance that deserves careful evaluation 2. O A one-time decision never to be reconsidered 3. O Primarily an operational decision 4. The same as deciding to insource or outsource 5. O Typically make by the chief supply officer and his/her executive team 62. Core competencies of an organisation are typically: 1. O The first things to be outsourced to access supplier expertise 2. O Seldom outsourced because they contribute to competitive advantage 3. O The same for companies in the same industry 4. O Flexible and easily changed depending on who is in charge 5. O Dependent on the staff performing the task 63. The addition of diversity to the supply base would most likely result in....... 1. O Increased number of suppliers 2. O overall lower costs 3. O Amore flexible supply base 4. O Lower monitoring costs 64. Which of the following best describes how the procurement process will be managed from developing procurement documents through contract closure? 1. O Risk management 2. O Procurement management plan 3. O Organisational process assets 4. O Project schedule 65. Which of the following is considered during the plan procurement process? 1. O Whether to procure 2. What and when to procure 3. O How to procure and how much to procure 4. O All of the above 66. A sustainable supplier scorecard with emphasis on triple bottom line results would address all the following EXCEPT: 1. O People 2. O Planet 3. O Programs 4. O Profit

Explanation / Answer

Que 61

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Que 62

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Que 63

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Que 64

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2. Procurement management plan

Que 65

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Que 66

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3. Programs